twdc

The Chair and CEO of the Walt Disney Company’s 2015 compensation package was revealed in an SEC filing yesterday. He collected $44.9 million, which is actually down 3.4% from 2014. According to the document, Iger’s base salary is $2.5 million with the rest coming in bonuses in the form of…

According to a report in the Wall Street Journal, The Walt Disney Company is looking to back out of its investment in Fusion – the millennial targeted ‘news’ network it created with Univision. Launched in 2013, the channel has never really hit its mark. Originally, it was supposed to provide…

While the Walt Disney Company has yet to announce an official successor for current CEO Bob Iger, the path just became much clearer for COO Tom Staggs. His closest rival was CFO Jay Rasulo, however he just announced he’ll step down at the end of June. Iger shared this comment,…

Time is once again hosting the list of the 100 most influential people on their website. For a twist, each honoree is introduced by one of their peers. Disney CEO Bob Iger makes the list and introduced by fellow media mogul Rupert Murdoch. It’s a nice tribute to Iger just…

DraftKings, a sports fantasy website that provides fans a chance to win money with their fantasy teams, has just received a $250 million investment from the Walt Disney Company. In return, DraftKings has reportedly agreed to drop $500 million in advertising on ESPN, which is also owned by Disney (in…

This just in. Thomas Staggs has been named the new Chief Operating Officer of The Walt Disney Company. This makes him the front runner for replacing Bob Iger. More later, the full press release is below: Thomas O. Staggs has been named Chief Operating Officer of The Walt Disney Company,…

Looks like I will get to take that Disneyland Paris vacation after all. No one seriously expected the Walt Disney Company (or France for that matter) to let the park close. With around 15,000 employees and 15 million yearly visitors, it’s a huge boost to the French economy. In addition…

Update: the other shoe dropped for Disneyland Paris, the good news? It was a glass slipper from TWDC: http://bit.ly/1xVukOG What is going on at Disneyland Paris? It’s the most popular theme park in Europe in terms of attendance, but it continually struggles with profitability. This year has been particularly rough….